Stories for February 27th 2020

Thursday, February 27th 2020 - 18:17 UTC
UN report: Smoking and drinking linked to recreational drug use by the youth

The International Narcotics Control Board (INCB) annual report cites studies that reveal that, in young people aged between 16 and 19, early use of alcohol, tobacco, and cannabis leads to an increased likelihood of the use of opiates and cocaine in adulthood.
Thursday, February 27th 2020 - 09:20 UTC
Argentine president Fernandez announces meeting with his Uruguayan peer Lacalle Pou

Argentine president Alberto Fernandez held a very positive phone conversation on Wednesday with Uruguayan president-elect Luis Lacalle Pou during which they analyzed the bilateral relation and the regional integration agenda.
Thursday, February 27th 2020 - 08:49 UTC
Brazilian markets reopen to a shock and the Real weakens to a new low

Brazil's Real touched a record low on Wednesday as traders returned from the Carnival holiday only to be alarmed by concerns about the spread of the new coronavirus after Sao Paulo confirmed its first case. The Real weakened 1.1% to 4.4470 against the dollar, as it led declines among other Latin American currencies.
Thursday, February 27th 2020 - 08:15 UTC
The Challenges of Argentina’s Debt Renegotiation

By Jose Antonio Ocampo (*) – By affirming that Argentina's public-sector debt is unsustainable, the International Monetary Fund has taken a critical step toward resolving the country's long-running crisis. Moving forward, one hopes that the Fund will realize its own role in the latest crisis and follow its own advice on when to pursue capital-market liberalization.
Thursday, February 27th 2020 - 07:59 UTC
UN: A third of Venezuelans with no access to minimum nutrition requirements

About 9.3 million Venezuelans don’t have access to enough food to meet minimum nutrition requirements, according to a study from the United Nations.
Thursday, February 27th 2020 - 07:57 UTC
Mild recovery of Argentine industrial activity during January

The argentine industrial activity stopped sliding last January after two full years of contraction and managed a 4.8% growth over a year ago, according to the latest review of the industry by the Foundation of Latin American economic research, FIEL. However, the overall Industrial Production Index ended the twelve months of 2019 with a 4.6% fall compared to 2018.
Thursday, February 27th 2020 - 07:50 UTC
Argentine farmers with a “deep sense of deception”, ahead of grains export tariffs

Argentina's Ministry of Agriculture suspended on Wednesday the registration of agricultural exports until further notice, it said in a statement, a move that traders said likely foreshadowed a steep increase in grains export tariffs.
Thursday, February 27th 2020 - 07:01 UTC
UNWTO & WHO: Joint Statement on Tourism and Coronavirus COVID-19

As the current outbreak of the Coronavirus Disease (COVID-19) continues to develop, the World Health Organization (WHO) and the World Tourism Organization (UNWTO) are committed to working together in guiding the travel and tourism sectors’ response to COVID-19.